North Myrtle Beach, SC Cost Of Living

Demographics | Cost Of Living | Photos
Updated: 2020-03-08
North Myrtle Beach's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means North Myrtle Beach is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in North Myrtle Beach, SC?

According to the most recent data on the cost of living, North Myrtle Beach has an overall cost of living index of 110 which is 1.1x higher than the national index of 100.

Compared to only South Carolina, North Myrtle Beach has a cost of living index that's 1.2x higher than South Carolina's index of 94.

The standard of living in North Myrtle Beach ranks as #4135 most affordable out of the 6522 places we measured in South Carolina. By definition, that implies North Myrtle Beach ranks as the #2271 most expensive place in the Palmetto State.

For more reading on life in North Myrtle Beach, check out:

North Myrtle Beach Cost Of Living Vs. South Carolina

Living Expense North Myrtle Beach South Carolina National Average
Overall 110 94 100
Services 102 102 100
Groceries 98 102 100
Health 107 95 100
Housing 127 80 100
Transportation 108 90 100
Utilities 103 107 100
For more reading on cost of living around South Carolina, check out:
North Myrtle Beach Cost of Living Vs. SC

North Myrtle Beach, SC Housing Cost Breakdown

Housing swings affordability the most between places in South Carolina, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic North Myrtle Beach South Carolina United States
Median Home Value $264,800 $154,800 $204,900
Median Rent $1,045 $868 $1,023
Median Income $57,930 $51,015 $60,293
Home Value To Income 4.6x 3.0x 3.4x
Rent To Monthly Income 0.22x 0.2x 0.2x

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Cost Of Living In Cities Around North Myrtle Beach

City Population Cost Of Living Vs. North Myrtle Beach
Myrtle Beach, SC 31,783 99 0.9x
Socastee, SC 24,056 97 0.9x
Conway, SC 22,661 95 0.9x
Red Hill, SC 15,459 98 0.9x
Little River, SC 9,523 99 0.9x
Forestbrook, SC 5,682 97 0.9x

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